INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of investment in hotel properties (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Investment in Hotel Properties
Investment in hotel properties at cost	$ 2,292,724	$ 2,413,176
Less - accumulated depreciation and amortization	(340,563)	(347,622)
Investment in hotel properties, net	1,952,161	2,065,554
Hotel buildings and improvements
Investment in Hotel Properties
Investment in hotel properties at cost	1,814,628	1,916,194
Land
Investment in Hotel Properties
Investment in hotel properties at cost	277,452	288,833
Furniture, fixtures and equipment
Investment in Hotel Properties
Investment in hotel properties at cost	166,688	165,026
Construction in progress
Investment in Hotel Properties
Investment in hotel properties at cost	22,442	21,059
Intangible assets
Investment in Hotel Properties
Investment in hotel properties at cost	$ 11,514	$ 22,064

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The cumulative amount of depreciation for real estate property held for investment purposes.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1(3))
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Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.

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